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  • Shell announces receipt of binding offer from DCC Energy to acquire its Butagaz LPG business in France
    édité le 19/05/2015 - Plus de news de "SHELL" - Voir la fiche entreprise de "SHELL"


Shell announces receipt of binding offer from DCC Energy to acquire its Butagaz LPG business in France
Shell announces that it has received a- binding offer of €464m million ($529 million) from DCC Energy for its Butagaz Liquefied Petroleum Gas (LPG) business in France.

In reply to this offer, DCC Energy has been granted exclusivity while Shell consults with the staff councils of both Butagaz and Shell France. The transaction is also subject to obtaining regulatory approvals following these consultations. It is expected to complete in 2015.

All other Shell Businesses in France – Aviation, Commercial Fleet, Lubricants, Retail and Specialties – will continue to operate as before.

The transaction is consistent with Shell’s strategy to concentrate its Downstream footprint on a smaller number of assets and markets where it can be most competitive, and is part of an on-going exit from the LPG business globally.

About Royal Dutch Shell plc

Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects.


Origine : Communiqué SHELL

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